Russia
Crude Oil , Trade , International
Russia, Saudi Arabia At Odds over Oil Cuts Ahead of OPEC+ Meeting: Reports
Key questions for the OPEC+ meeting will be whether Saudi Arabia rolls back its voluntary cut of 1 million bbl/d and whether there is room for an additional increase in supply from the whole oil producer group.
International , Infrastructure , Construction , Pipelines
US Report on Nord Stream 2 will Reveal Companies Supporting Project
Sanctions are possible but may take time and depend on White House negotiations with allies and Capitol Hill.
Exploration & Production
Russia Makes Progress On Shale Oil Output But Hurdles Remain
Gazprom Neft estimates that the reserves of the light, low-sulphur and low-viscosity Bazhenov formation stand at between 18 billion and 60 billion tonnes.
International , Infrastructure , Construction , Pipelines
White House: Nord Stream 2 is ‘Bad Deal’ for Europe
Biden administration will review restrictions put in place by Trump.
Exploration & Production
Russia’s Oil Heartland Poised for Rebound after Output Cuts
Oil output in the region may see output rebounding to 215 million tonnes in 2021, said Sergei Filatov, head of subsoil management and natural resources at Khanty-Mansiisk (Yugra).
Acquisitions & Divestitures , Trends , Mergers
Energy A&D Transactions from the Week of Jan. 20, 2021
Here’s a snapshot of recent energy deals including the closing of ConocoPhillips’ $13.3 billion acquisition of Concho Resources, one of the largest independent shale producers in the Permian Basin.
Construction , Pipelines
Report: Nord Stream 2 Delays Resuming Construction
An official says that the pipeline’s construction will not resume, even with permission from Denmark.
International , Infrastructure , Construction , Pipelines
Report: Nord Stream 2 to Resume Work in Danish Waters
US has threatened sanctions on companies involved in the project.
Acquisitions & Divestitures , Trends , Mergers
Energy A&D Transactions from the Week of Jan. 13, 2021
Here’s a snapshot of recent energy deals including the closing of Devon’s all-stock merger with WPX plus Pioneer completed its acquisition of Parsley creating a premier Permian independent energy company.
International , Infrastructure , Construction , Pipelines
US: European Companies Face Sanctions Risk on Nord Stream 2
State Department report is expected to be issued later this week.